Tesla is moving up production for cheaper cars, Elon Musk said on Tuesday.Christian Marquardt via Getty ImagesElon Musk said Tesla will get cheaper electric vehicles out sooner.The move came after Tesla lowered prices due to falling sales and increasing competition.Tesla's first quarter was marked by fewer deliveries, layoffs, and a stock rout.Elon Musk dangled a long-awaited prize — cheaper Tesla models — in front of investors on Tuesday.
Similar Stories to Elon Musk Gave Tesla Investors The One Thing They've Been Demanding — And It Worked Brilliantly on Bing News
shubhangigoel@insider.com (Shubhangi Goel), Business Insider
Tue, 04/23/2024 - 11:18pm
Topics: christian marquardt getty imageselon musk ceo musk chinese evs us ev jay woods freedom capital markets china europe earlier cybertrucks business insider elon musk musk tesla chinese ev model us reuters investors cheaper cars stock company prices earnings call production great sales car electric vehicles making price falling including deliveries reported plans month global year tuesday quarter first-quarter
BING NEWS:
- Tesla shareholders vote yes again to approve Elon Musk’s $56B pay plan
Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the ...
06/13/2024 - 2:38 pm | View Link - Elon Musk has been draining Tesla's AI talent dry, shareholders allege in lawsuit
A group of Tesla shareholders is suing Musk, alleging he diverted AI talent and resources to xAI, his new company.
06/13/2024 - 7:42 am | View Link - Tesla stock soars after Elon Musk says his pay package is likely to be approved and BlackRock and Vanguard reportedly vote in favor
Tesla stock surged as much as 7% on Thursday after Elon Musk's pay package looked likely to be approved at the company's annual shareholder meeting. The stock was trading at $188.31 shortly after ...
06/13/2024 - 3:15 am | View Link - Future of Elon Musk and Tesla are on the line this week
Musk’s xAI recently received $6 billion in funding to develop artificial intelligence. READ: Tesla shareholders ask investors to vote against Musk’s pay package Wedbush Analyst Dan Ives said ...
06/12/2024 - 10:04 pm | View Link - Elon Musk says Tesla stockholders approving his $56 billion pay package by "wide margins"
Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his multibillion-dollar pay package by "wide margins," in a post on his social media ...
06/12/2024 - 8:12 pm | View Link - More
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